Huawei's troubles now extend to the UK - News Summed Up

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Huawei's troubles now extend to the UK


UK-based chip designer ARM has told staff it must suspend business with Huawei, according to internal documents obtained by the BBC. In September 2016 it was acquired by Japanese telecoms giant Softbank, but remains based in Cambridge, UK. One analyst described the move, if it became long-term, as an “insurmountable” blow to Huawei’s business. Cambridge-headquartered ARM had been described as the UK's largest tech firm until its takeover by a Japanese fund. ARM's US headquarters are in San Jose, California, and the firm has offices in Washington, Arizona, Texas and Massachusetts.


Source: The Star May 25, 2019 01:52 UTC



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